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Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.


TSX:BNE - Post by User

Bullboard Posts
Comment by Pkarabatsoson Jan 09, 2019 2:39pm
64 Views
Post# 29207852

RE:RE:RE:RE:RE:RE:RE:RE:RE:Free Fall

RE:RE:RE:RE:RE:RE:RE:RE:RE:Free FallSurprised no recent Fink insider buys past few weeks as price dipped more since his Nov/Dec purchases at higher prices. His 1 cent monthly div still enough to purchase few k shares in Jan. Past two days purchases few hundred more shares so keep adding at these low levels. As evidenced oil uptick not enough to push stock so clarity on capex budget and some guidance as to debt / div is what the doctored is ordering. Recent volatility has likely made it difficult for anyone to gauge a full year budget plan so perhaps buying some time to get feel for Jan cuts and see where a floor trend line price settles. The differential sensitivity while dissipated for now is another moving piece which hard to foretell. I guess easiest will be to forecast on conservative down side on both to ensure buffer and legroom if reality more favorable. In interim much patience is what my doctor ordering, heehee.
Bullboard Posts